Student Loan Payoff Calculator




Loan Amount:

Loan Amount

Term (months)

Term, in months

Interest Rate

Interest Rate

Want to see how making additional payments speeds up your payoff date and saves you money?




Additional Payment

Additional Payment




Interest

Principal

Total

How much time am I saving?

How much money is it saving me?

Show Amortization Schedule

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Notes & Assumptions: We do not account for pre vs post tax savings. We don’t know what the tax rates will be in the future. Annual Returns vary.